Search found 8 matches

by Warrior1983
Sun Jan 13, 2019 1:22 pm
Forum: Personal Investments
Topic: Recently retired - Portfolio/plan review
Replies: 5
Views: 982

Re: Recently retired - Portfolio/plan review

3. Cash - consensus is probably too much but I have about $25K in anticipated home repairs/improvements coming up, elderly parents w limited resources, and an adult child w big $$$ chronic medical condition so I like to stay liquid not knowing when a sudden issue will arise. Having said that, my pl...
by Warrior1983
Sun Jan 13, 2019 8:47 am
Forum: Personal Investments
Topic: Recently retired - Portfolio/plan review
Replies: 5
Views: 982

Re: Recently retired - Portfolio/plan review

Yes, I think you have a reasonable approach to maximize the 12% tax bracket. 1. Determine your income needs from the portfolio and he withdrawal rate. It's probably in 3 pieces before SS, after SS, and after RMDs. You can afford a larger withdrawal rate early, if the withdrawal rate decreases after...
by Warrior1983
Sat Jan 12, 2019 2:15 pm
Forum: Personal Investments
Topic: Recently retired - Portfolio/plan review
Replies: 5
Views: 982

Recently retired - Portfolio/plan review

Retired as a Fed in mid 2018. Wife still working but that could end w one bad day. :( Here's where we stand: Emergency funds: Y (see cash below) Debt: None Tax Filing Status: MFJ Tax Rates: Fed - 12%, State - 5.75% State of Residency: VA Age: 59 Desired Asset Allocation: 60/40ish Desired Int'l: Not ...
by Warrior1983
Thu Jan 10, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: [Roth Conversions Question - TSP]
Replies: 11
Views: 475

Re: [Roth Conversions Question - TSP]

This is a good idea as long as you keep enough in the TSP to hold your desired bond holding. The G fund in the TSP is better than anything you can hold in a retail account, so you might prefer to hold the G fund rather than getting the potential benefit of a Roth conversion. Yep! Got it! I have a p...
by Warrior1983
Wed Jan 09, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: Ally-14 month Select CD at 2.85%
Replies: 25
Views: 7444

Re: Ally-14 month Select CD at 2.85%

I called Ally and rep confirmed that the renewal to a 12 month CD is not required, but is the default if you're not paying attention.
by Warrior1983
Wed Jan 09, 2019 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: [Roth Conversions Question - TSP]
Replies: 11
Views: 475

Re: [Roth Conversions Question - TSP]

OK. Great. Thanks for all the input. The folks at rothira.com really need to rewrite that because it definitely does not say that and actually pretty clearly states the opposite. :confused
by Warrior1983
Wed Jan 09, 2019 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: [Roth Conversions Question - TSP]
Replies: 11
Views: 475

Re: [Roth Conversions Question - TSP]

Thank you much, but then either the guidance at rothira.com is poorly written or it's wrong because it clearly states you must be 59 1/2 and meet the requirements of the five year rule. It goes on further to state that the five year rule for conversions is not the same as for contributions but rathe...
by Warrior1983
Wed Jan 09, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: [Roth Conversions Question - TSP]
Replies: 11
Views: 475

[Roth Conversions Question - TSP]

[Moved into a stand-alone thread from: Roth Conversions Question --admin LadyGeek] I think I get it but I got a little spun around w the back and forth on age requirements, 5 year requirement, etc. as well as references from other research into Form 8606, pro-rate rules, etc. I am retired w large p...